View full page at forexfactory.com

 

Pound falls on the prospect of a no-deal Brexit

From bbc.com

The pound fell against the dollar on Friday after Prime Minister Boris Johnson said a no-deal Brexit looked "very, very likely". Sterling fell nearly 1.2% before clawing back some ground when both the German and Irish foreign ministers said an agreement between the UK and the EU is still possible. Both sides have until Sunday to reach a deal on trading from 1 January. Talks are deadlocked on a handful of key issues, including fishing quotas. The pound is trading 0.9% lower against the dollar at $1.3177, while it's down 0.4% against the euro to €1.0909. There had been speculation that the UK and the EU were close to a ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis